The material is explained without complex equations or technical jargon. The goal is to give you a solid conceptual foundation of options behavior so you can make more informed decisions when choosing an option strategy for your market outlook. Topics covered include the volatility premium, because over time, options will cost more than they are ultimately worth; skew, wherein far out of the money put options may seem cheap from an absolute term, but are very expensive in relative terms; and the acceleration in option price erosion. The book also has a companion Website, which includes links to those sites that can scan for the best strategies discussed in the book.
Don’t let the title of the book discourage you from picking it up and reading it. The author is not a rocket scientist and the material is anything but mathematically rigorous. Instead he goes into detail of what drives options prices and lays out the scenarios for follow up actions after the trade is placed and he does this in great detail.